Meadowood Residents Association

Nonprofit profile at a glance

EIN
233017324
IRS 990 coverage
2013–2025
Forms available
Form 990 2025
Location
Lansdale, PA, USA
Phone
4849984463
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Senior Citizens' Housing/Retirement Communities

Reported finances

Revenue
$412,079
Expenses
$373,466
Assets
$366,244
Liabilities
$12,731

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • JOE GERDELMANN (PRESIDENT)
  • ROBERT FIKE (VICE PRESIDENT)
  • MAUREEN O'CONNOR (PAST PRESIDENT)

People named in this filing

  • ALAN SILVERMAN (SECRETARY)
  • STEVE LOESCH (ASSISTANT TREASURER)
  • JOE GERDELMANN (PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization was established to provide a means for the residents of the meadowood retirement community to support resident's activities, both social and educational, and to raise funds to benefit the retirement community as a whole and provide various services and programs to schools and other community organizations, such as bulk food donations, food preparation and community organization appreciation events.

What it reported doing in 2025

Community-oriented activities: these activities focus on community engagement. Examples include the chorus, an art gallery and studio and greeters. Another small group designs and produces a monthly newsletter and activity calendar. A smaller activity is running a small repair activity in the woodshop.educational activities: activities include bringing in philadelphia news correspondents, writers and educators for presentations and discussions on world events, politics and other issues. Expenses are provided from the general budget and the remainder from charges levied for some programs. Another group is involved in maintaining and overseeing the operation of fiction and non-fiction libraries which contain about 8,000 books. A monthly bible study group hosts leaders from local religious organizations.social activities: these activities are aimed at providing increased opportunities for social interactions among residents. Included are activities such as billiards, bridge, and table tennis, as well as special events, like a Kentucky derby party, new year's eve party, and winter olympic games.

Operating model

Revenue model
Donor-supported. 97% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 77% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 93
  • Accountability: 76
  • Sustainability: 49
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 98.3%; rating input score 98
  • Fundraising efficiency: $1,234.97 raised per $1 spent on fundraising; rating input score 98; 98th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 81st percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 9.4%; rating input score 55; 55th percentile among comparable filings
  • Total-asset coverage ratio: 0.98; rating input score 40; 40th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 30; 30th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings

Growth

  • Program expense growth: 6.5% per year; rating input score 100; 57th percentile among comparable filings
  • Revenue growth: 7.3% per year; rating input score 100; 59th percentile among comparable filings
  • Asset growth: 12% per year; rating input score 100; 68th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 98.3% of spending went to programs
  • Governance: 12 of 12 board members independent · 3 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $367K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 19 of 19 current checks pass
  • Schedules: 4 filed schedules · includes grants
  • Filing history: 12 filing years from 2013 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • Review — Sustainability: Operating margin scored 55/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 30/100.